sale of old house
This query is : Open
24 May 2011
i have 40 years old house . i wish to sale it .value of this house is 25lakh .index cost of house is 2.5 lakh
i want to construct new house from the amount of old house.cost of construct 15 lakh.
How much income tax i have to pay?
i want to construct new house from the amount of old house.cost of construct 15 lakh.
How much income tax i have to pay?
24 May 2011
deduct indexed cost of acquisition from 25 lacs, then calculate.
24 May 2011
u have not shared the cost of acquisition of house
pl tell then a correct replyu can be given
CA MANOJ GUPTA
JODHPUR
09828510543
pl tell then a correct replyu can be given
CA MANOJ GUPTA
JODHPUR
09828510543
24 May 2011
index cost of old house is 2.5 lakh
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